The 2015 Year in Review

Jan 06, 2016

The year 2015 was a whirlwind for Node40. We started the business the last week of March, and by year’s end had an impressive list of accomplishments. Here are some of the things that kept us busy the past eight plus months:

Masternode monitor

The first release of the Node40 platform started with a free masternode monitor. The monitor allows anyone to keep an eye on as many masternodes as they want. To this day, the Node40 masternode monitor remains free. You can use it to track your masternode valuation, health and transactions.

Masternode setup wizard

Soon after releasing the masternode monitor, we released the Node40 masternode setup wizard. The wizard allows anybody with a 1,000 Dash collateral in their local wallet to launch a masternode server with the click of a button.

The setup wizard is so easy to use that we’ve had customers with very little tech savvy launch a brand new masternode in a matter of minutes.

Customer invoice management

Node40 built a custom invoicing system to work with the masternode setup wizard. We quickly realized our customers needed a way to consolidate masternodes launched on different dates into a single conslidated invoice. Now, if you have more than one masternode, you can select a custom expiration date and apply it to all of your masternodes. This means you only have to keep track of one invoice. It sounds simple and obvious, but we really took a lot of time and care in developing this feature.

Budget proposal voting

Soon after the Dash Decentralized Governance by Blockchain was released, Node40 added the Budget Proposal page. The Node40 Budget Proposals page lists all Dash budget proposals on the network. If you own the proposal you can edit the proposal details to help promote your proposal to voters.

Voting couldn’t be easier. If you host your masternodes with Node40, you can vote on proposals with the click of a button. And if you host elsewhere, but still want to vote, Node40 shows you the command for voting from your local wallet. integration

Acquiring Dash presents some hurdles. We removed the difficulty of converting from bitcoin to Dash by integrating with the API. Now, anybody can quickly get 1,000 Dash directly from ShapeShift through the Node40 platform.

Automatic server migration

We take pride in the stability of our infrastructure. The Node40 platform keeps our customers’ masternodes online. This means the masternode revenue stream remains stable. We are able to keep Node40 hosted masternodes online by monitoring both the health of the daemon and health of the server running the daemon. Keeping the daemon online is pretty straight forward. But the daemon needs to run on a server and that server needs to be healthy. Node40 developed custom monitoring software to keep tabs on the health of our servers. If a server appears to be having issue (e.g. hardware degradation or network latency), we automatically migrate the daemon to a new server to insure the masternode remains stable and healthy.

Looking forward to 2016

Node40’s inaugural year was a good one and we have some great things in store for 2016. We can’t wait to share them with you.

We’ll be starting off 2016 with a trip to Miami for The North American Bitcoin Conference. If you are attending, please look for Perry and Sean and introduce yourself. We would love to chat.

So, Happy New Year! 2016 is going to be an exciting time for both Node40 and cryptocurrency in general.